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Author Question: The wheat growing industry consists of very many farmers producing identical products. The market ... (Read 85 times)

bobthebuilder

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  • Posts: 567
on: Jun 29, 2018
The wheat growing industry consists of very many farmers producing identical products. The market structure that best fits the wheat growing industry is probably
 
  A) perfect competition.
  B) monopolistic competition.
  C) monopoly.
  D) oligopoly.

Question 2

The United States Postal Service (USPS) is the only organization allowed to deliver first-class mail in the United States. The market structure that best fits the USPS is probably
 
  A) perfect competition.
  B) monopolistic competition.
  C) monopoly.
  D) oligopoly.


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JYan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


bobthebuilder

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Kedrick2014

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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